In the matter of Klamath County Transient Room Tax fourth quarter distribution ending December 31, 2019. Rick Vaughn, Tax Collector
Background: In accordance with Klamath County Code Chapter 603-Transient Room Tax any person, firm, social club, etc., who exercises occupancy for thirty days or less for dwelling, lodging, or sleeping purposes from any hotel, motel, space in mobile home or trailer park, etc. from an operator; shall collect the tax imposed which constitutes a debt owed by the operator to the County. The amount collected for the fourth quarter came to $406,758.21 and shall be distributed accordingly by the tax revenue sharing formula to the Participants.
Fiscal Impact: TRT revenue will be distributed totaling $402,690.63 with additional $4,067.58 revenue to the Tax Collector’s Office. Expenditure of $406,758.21 to the Transient Room Tax Fund, Tax Collector Department.
Recommended Motion: Approve and execute the attached Order so the Tax Administrator can distribute accordingly by the tax revenue sharing formula $406,758.21 to the Participants of the Transient Room Tax set by Klamath County Code 603.610. Fiscal impact being revenue received and distributed in the amount of $406,758.21. Expenditure of $406,758.21 to the Transient Room Tax Fund, Tax Collector Department.